AND Solutions is a fintech company that specializes in providing AI-driven Fintech as a Service (FaaS) solutions customized to meet the unique needs of businesses.
AND Solutions, Mongolia’s largest tech company, and one of Microsoft’s top ten managed partners in Asia is on a mission to bring advanced financial technology to APAC and beyond. Specializing in solutions for fintechs and non-banking financial institutions, AND Solutions combines deep business expertise with cutting-edge fintech.
One of their flagship products – mindox – is a cloud-based AI-powered document processing platform that accelerates efficiency and automation for businesses managing high volumes of documents, such as those in finance, insurance, and operations. With increasing demand for fast and secure digital transformation, AND Solutions wanted a trusted partner to help them scale on the digital marketplace.
That partner? You guessed it! Our team of trusted experts enables ISVs like AND Solutions to list, transact, and thrive on the Microsoft Azure Marketplace.
“Partnering with WeTransact helped us navigate the complex Azure ecosystem more easily. For a Mongolian company scaling globally, their support made all the difference – turning a complicated process into a powerful, global launchpad.” – Baasandorj Davaasuren, CEO, AND Solutions
AND Solutions’ mindox product addresses a pressing issue in Southeast Asia’s financial industry: slow document processing. While digital lending is on the rise, many institutions still rely on manual workflows, resulting in week-long loan processing times. Mindox replaces that inefficiency with fast, intuitive, AI-driven automation, allowing companies to focus on customers instead of paperwork.
For AND Solutions, expanding into international markets comes with significant challenges, especially in the highly regulated, relationship-driven financial services sector. Taking their homegrown lending technology beyond the borders of Mongolia required a platform engineered for global scalability.
The company identified the Microsoft Azure Marketplace as the ideal channel for growth across APAC and beyond, enabling them to overcome geographic barriers, long sales cycles, and restricted global visibility. Despite having a powerful product, AND Solutions faced another challenge: how to build credibility as an emerging player from an underrepresented tech nation.
The partnership was sparked by a recommendation from Crayon, the Microsoft Partner assisting AND Solutions with their Microsoft Azure Consumption Commitment (MACC). Realizing they needed a Licensing Solution Partner (LSP) to go further, Crayon introduced them to WeTransact in July 2024.
“From day one, WeTransact was the right fit. Sylvia [Stojanovski, WeTransact’s Managing Director for APAC] walked us through the process with clarity. Listing on Azure seemed overwhelming at first, but WeTransact made it simple, step-by-step.” – Baasandorj Davaasuren, CEO, AND Solutions
The onboarding journey wasn’t just technical. For AND Solutions, embarking on an entirely new hyperscaler and ISV journey, WeTransact offered essential business guidance and real-world experience. The trust and rapport built through workshops, onboarding calls, and executive support laid the groundwork for success.
Initially hosted on AWS, AND Solutions made a strategic switch to Microsoft Azure due to stronger engagement and responsiveness from Microsoft’s team.
“Microsoft’s workshops, hands-on guidance, and commitment were leagues ahead. They didn’t just provide cloud infrastructure, they gave us a roadmap. And they returned our calls!” – Baasandorj Davaasuren, CEO, AND Solutions
As a Microsoft-focused SaaS partner, WeTransact proved to be their ideal co-pilot. With a team of former Microsoft insiders and deep marketplace expertise, WeTransact was able to demystify acronyms, workflows, and go-to-market requirements that might otherwise have slowed or derailed a first-time marketplace listing.
Together, AND Solutions and WeTransact succeeded in listing mindox, making it Mongolia’s first software solution available on the Microsoft Azure Marketplace.
“AND Solutions has a standout AI-powered product, and we’re proud to support their global vision. Helping innovative companies from emerging markets scale globally through Azure is exactly why WeTransact exists.” – Sylvia Stojanovski, Managing Director APAC, WeTransact
For AND Solutions, listing on Azure is more than just a distribution channel, it’s a trusted badge. It shortens sales cycles, eliminates logistical barriers, and lends credibility with prospective clients in new regions.
“In markets like Indonesia, Thailand, or the Philippines, we don’t always have the resources to meet clients face to face. But with Microsoft and WeTransact behind us, we’re not knocking on doors alone anymore.” – Baasandorj Davaasuren, CEO, AND Solutions
Mindox now reaches new financial institutions, especially those mid-market lenders transitioning from traditional to digital models. These organizations benefit from AI-powered efficiency, while AND Solutions benefits from a scalable, cloud-native sales model.
In the upcoming months, AND Solutions aims to acquire its first customers through the Azure Marketplace. Looking to the future, they envision themselves as Mongolia’s first unicorn – bringing next-generation fintech tools from Ulaanbaatar to the APAC region and beyond. The partnership with WeTransact and Microsoft Azure Marketplace is the first step.
Discover how WeTransact helps you list and transact through the Marketplace. Talk to us